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Panhandlers in Greenville, SC

Posted on by Richard Aaron Wright in WebDiggity

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How your LLC can get free government money during Covid-19

Many self-employed workers have set up an LLC (Limited Liability Company) to deflect exposure to debt while creating easier tax and accounting practices. Another benefit is easy access to government money that will not have to be paid back provided you continue your payroll. Benefits of Paycheck Protection Program (PPP) for LLCs: Loans that are 2.5 times their monthly payroll costs Loans do not have to be repaid if you use at least 60% of it for payroll Ideal for companies who have some work coming in but the ability to replace lost revenue sources Great for paying sub-contractors to bridge the gap Health insurance costs are in the calculation of the PPP loan Use a portion to cover rent and utility bills For example, if your LLC is set up to draft monthly payments to your personal account, the IRS will require a Schedule C to demonstrate 2019 income. Visit the PPP Loan calculator on the SBA.gov website to more
List of rules to follow from 1959

I recently came across a photo album my father gave me prior to his death. He was born during WWII in Greenville, South Carolina, and a list fell out of it that included rules that aim to make life better for the world around him. While we should hold today’s pundits and leaders to a higher standard, our forefathers mustn’t always be cancelled for their exclusionary sentiments provided they demonstrated overwhelming earnestness to improve their times. He dated the list near the same day he turned 21 years old. So, here goes: List of rules to follow from 1959 1. Always believe in Santa Claus 2. Never offer to handshake first 3. When writing an angry letter, wait a week before sending it 4. Pets are only allowed in the kitchen when inside the house 5. Always hire the black man because he’s had a harder time at it 6. Make friends with the mailman and gift them money for more

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